Hume Richard T. - 15 May 2023 Form 4 Insider Report for TD SYNNEX CORP (SNX)

Signature
/s/ Cheryl Grant, attorney-in-fact
Issuer symbol
SNX
Transactions as of
15 May 2023
Net transactions value
-$1,323,704
Form type
4
Filing time
16 May 2023, 15:57:38 UTC
Previous filing
06 Oct 2022
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNX Common Stock Sale $365,211 -4,161 -1.9% $87.77 218,989 15 May 2023 Direct F1, F2
transaction SNX Common Stock Sale $958,493 -10,839 -4.9% $88.43 208,150 15 May 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 10, 2023.
F2 Represents the weighted average sales price for a number of transactions effected at prices ranging from $87.455 to $87.99. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
F3 Represents the weighted average sales price for a number of transactions effected at prices ranging from $88.005 to $88.84. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.